CareTrust REIT Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $476.4M | $296.3M | $217.8M | $196.1M | $192.4M | $178.3M | $163.4M | $156.9M |
| Cost of Revenue | — | — | — | — | $0 | $1.9M | $2.9M | $3.0M |
| Gross Profit | — | — | — | — | $192.4M | $176.5M | $160.5M | $154.0M |
| Gross Margin | — | — | — | — | 100.0% | 99.0% | 98.2% | 98.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $52.5M | $28.9M | $21.8M | $20.2M | $26.9M | $16.3M | $15.2M | $12.6M |
| Operating Income | $369.0M | $154.7M | $94.6M | $3.4M | $82.9M | $80.9M | $44.6M | $55.9M |
| Operating Margin | 77.5% | 52.2% | 43.4% | 1.7% | 43.1% | 45.4% | 27.3% | 35.6% |
| Interest Expense | $43.7M | $30.3M | $40.9M | $30.0M | $23.7M | $23.7M | $28.1M | $27.9M |
| Pretax Income | $325.3M | $124.4M | $53.7M | — | — | — | — | — |
| Income Tax Expense | $5.0M | $0 | $0 | — | — | — | — | — |
| Net Income | $320.5M | $125.1M | $53.7M | $-7.5M | $72.0M | $80.9M | $46.4M | $57.9M |
| Net Margin | 67.3% | 42.2% | 24.7% | -3.8% | 37.4% | 45.3% | 28.4% | 36.9% |
| EPS (Basic) | $1.57 | $0.81 | $0.50 | $-0.08 | $0.74 | $0.85 | $0.49 | $0.73 |
| EPS (Diluted) | $1.57 | $0.80 | $0.50 | $-0.08 | $0.74 | $0.85 | $0.49 | $0.72 |
| Shares Outstanding (Basic) | 203.6M | 154.8M | 106.0M | 96.7M | 96.0M | 95.2M | 93.1M | 79.4M |
| Shares Outstanding (Diluted) | 204.1M | 155.2M | 106.2M | 96.7M | 96.1M | 95.2M | 93.1M | 79.4M |
| Dividends Per Share | $1.34 | $1.16 | $1.12 | $1.10 | $1.06 | $1.00 | $0.90 | $0.82 |